EFFECT OF HIGHER FREIGHT COSTS

Greymouth Evening Star, 31 August 1949, Page 2

EFFECT OF HIGHER FREIGHT COSTS

WELLINGTON, This Day (P.AJ. —lmporters who find that their licences are insufficient to cover the cost of goods, plus the recently-in-creased freight charges between the United Kingdom and New Zealand, may be granted additional licences for 1949 to meet the difference. “It is probable that in many instances any increased cost will be covered by the licences held by the importer,” said the Minister of Customs, Mr Nash, today. “If it should be found, however, in individual cases that as a result of such increases the licences held by the importer are insufficient to cover the additional cost of the goods already ordered which arrive under 1949 licences, the question of granting an additional licence would, if necessary, be considered at the time of importation, on the receipt of an application supported by evidence as to the orders and the increased cost.”